Noor Ul Ain Rehman
Tue, June 2, 2026 astatine 9:14 AM CDT 2 min read
For reference, NVIDIA Corporation (NASDAQ:NVDA) released fiscal results for fiscal Q1 2027 connected May 20, reporting grounds gross of $81.6 cardinal for the quarter, up 20% from the erstwhile 4th and up 85% from a twelvemonth ago. GAAP and non-GAAP gross margins were 74.9% and 75.0% for the quarter, respectively, portion GAAP and non-GAAP net per diluted stock were $2.39 and $1.87, respectively.
The company’s Board of Directors besides approved an further $80.0 cardinal to its stock repurchase authorization connected May 18, 2026, without expiration. NVIDIA Corporation (NASDAQ:NVDA) is besides expanding its quarterly currency dividend from $0.01 per stock to $0.25 per stock of communal stock, payable connected June 26, 2026, to each shareholders of grounds connected June 4, 2026.
NVIDIA Corporation (NASDAQ:NVDA) designs and manufactures machine graphics processors, chipsets, and different multimedia software. It operates successful the Compute & Networking and Graphics Processing Unit (GPU) segments.
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